Search found 1357 matches

by lazydavid
Tue Feb 20, 2018 9:18 am
Forum: Personal Consumer Issues
Topic: Importing 1099 data into H&R Block if you use a password manager?
Replies: 2
Views: 178

Re: Importing 1099 data into H&R Block if you use a password manager?

I did it, and don't personally have concerns about it. My expectation (which of course I have not confirmed) is that it was only used locally by my copy of the program to grab the data and then discarded. And the actual password was only required for one of my accounts anyway (which currently has no...
by lazydavid
Tue Feb 20, 2018 9:11 am
Forum: Personal Consumer Issues
Topic: Sams Club vs Costco
Replies: 45
Views: 3678

Re: Sams Club vs Costco

For a lot of folks in the islands making regular island wages, it's one of the few affordable places to reliably get things. I can't reference a source, but "they" say that the Costco on Alakawa Street in Honolulu is the busiest in the world. Having been there a number of times, I can qualitatively...
by lazydavid
Mon Feb 19, 2018 7:52 am
Forum: Personal Consumer Issues
Topic: Sams Club vs Costco
Replies: 45
Views: 3678

Re: Sams Club vs Costco

Our Sam's Club that we had been going to 5-6 times a month (minimum) is one of the ones that closed, which was curious as it was always quite busy (not Costco busy, but still rockin'). Worked exceedingly well for us since it was 3 minutes away and we could get in at 7am (Business Plus membership) ev...
by lazydavid
Mon Feb 19, 2018 7:06 am
Forum: Personal Consumer Issues
Topic: $12,000 Refrigerator? [Looking in $7k price range]
Replies: 45
Views: 4829

Re: $12,000 Refrigerator?

*full disclosure: I wanted the Wolf 48" range with double ovens, 6 burners, and a grill top. It was 11 grand. My wife was a hard no on that! :) That's too bad. That's the single best purchase we made in our kitchen remodel several years ago, though ours is 6 burners and a griddle. I have 4 grills o...
by lazydavid
Sat Feb 17, 2018 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: How to get child's skin in the game for college?
Replies: 135
Views: 6398

Re: How to get child's skin in the game for college?

Around 20 years ago, my parents told me that they'd give me $8000/year for four years of college. The rest was up to me. I'll probably do something similar for my kids. Adjusted for inflation, no? Otherwise $32k might buy them 1/2 a semesters payment if your lucky. $32k would pay for a full semeste...
by lazydavid
Sat Feb 17, 2018 8:18 pm
Forum: Personal Consumer Issues
Topic: Should I be paying $1300/yr. for under/uninsured motorist protection?
Replies: 76
Views: 4214

Re: Should I be paying $1300/yr. for under/uninsured motorist protection?

No - you are not understanding my "gripe". It is about "Uninsured/underinsured" coverage - NOT MY property damage liability. The UIM property damage covers MY CAR - and the value of either of our cars is only 10% or less of the coverage I have. Ok, you're actually talking about UMPD, not Property D...
by lazydavid
Sat Feb 17, 2018 7:12 am
Forum: Personal Consumer Issues
Topic: Should I be paying $1300/yr. for under/uninsured motorist protection?
Replies: 76
Views: 4214

Re: Should I be paying $1300/yr. for under/uninsured motorist protection?

My only (small) gripe is that my property damage liability is about ten times (maybe more) than the value of either of our older cars. So, in other words, I am paying for coverage that I could never collect. That's not what property damage liability insurance is for. It's for damage that you do to ...
by lazydavid
Sat Feb 17, 2018 7:00 am
Forum: Personal Consumer Issues
Topic: Mixing fuel octanes for cars
Replies: 47
Views: 2774

Re: Mixing fuel octanes for cars

Not harmful in any way, but a waste of time and effort in my opinion. It's not worth the extra 2 minutes at every stop and the possibility of having your card locked for fraud, to save $100-150/year. As pointed out, you can use two different cards to avoid having them flagged as stolen, but in my ca...
by lazydavid
Fri Feb 16, 2018 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: How to get child's skin in the game for college?
Replies: 135
Views: 6398

Re: How to get child's skin in the game for college?

Have to say I really love these threads. Though I still have 7 or so years until I have to worry about it, they help me think through how I want to approach this situation when the time comes.
by lazydavid
Fri Feb 16, 2018 9:23 am
Forum: Personal Consumer Issues
Topic: Should I be paying $1300/yr. for under/uninsured motorist protection?
Replies: 76
Views: 4214

Re: Should I be paying $1300/yr. for under/uninsured motorist protection?

UM/UIM is typically cheap. $1,300 a year sounds way out of whack, even if premiums do very by state. We pay $1,000 per year total for two cars and two drivers for all our car insurance, with maximum UM/UIM. Might be time for you to shop around. JT Definitely shop around. Our total policy cost is we...
by lazydavid
Thu Feb 15, 2018 8:29 pm
Forum: Personal Consumer Issues
Topic: For BHs who actually like cars - [what car do you drive every day?]
Replies: 261
Views: 14378

Re: For BHs who actually like cars - [what car do you drive every day?]

It's funny how so many bogleheads will fight tooth and nail to pay say .25% less in fees on retirement funds but have no problem buying an expensive car. Not a criticism but an interesting observation. That's because money is not an end in and of itself. You accumulate it to spend at some point. No...
by lazydavid
Thu Feb 15, 2018 11:00 am
Forum: Personal Consumer Issues
Topic: rule of thumb of when to sell your car
Replies: 50
Views: 3356

Re: rule of thumb of when to sell your car

I never said there was anything wrong with your version. Just that they look completely different, and it's not just the grill. I therefore suggested you get your eyes examined, not your head. Lighten up. :D I sold my 2001 BMW330i in 2015 with 54k miles because the leather seats were falling apart. ...
by lazydavid
Thu Feb 15, 2018 9:15 am
Forum: Personal Consumer Issues
Topic: What big item (>20k) are you saving up for?
Replies: 109
Views: 7656

Re: What big item (>20k) are you saving up for?

We pile all the "money we don't need right now" into a taxable account (retirement accounts fully funded), intending to at some point draw from it for >20k expenses such as buying a car or putting the kid through college (ok, that'll likely be a >$200k expense :annoyed ). But last year when the bala...
by lazydavid
Thu Feb 15, 2018 9:10 am
Forum: Personal Consumer Issues
Topic: Considering Purchasing a 2011 Honda Pilot Touring AWD
Replies: 4
Views: 437

Re: Considering Purchasing a 2011 Honda Pilot Touring AWD

Very solid choice, and old enough that it doesn't have the god-awful 9-speed auto that is in recent Touring/Limited models.
by lazydavid
Thu Feb 15, 2018 9:01 am
Forum: Personal Consumer Issues
Topic: rule of thumb of when to sell your car
Replies: 50
Views: 3356

Re: rule of thumb of when to sell your car

My 2000 Lexus RX300 SUV has 80k miles and still - apart from a couple of retouched dings - looks and runs like it's brand new. The styling is pretty much indistinguishable from newer RXXXX models so there's no issue with it looking out-of-date or decrepit in any way. I could drive it another 20 yea...
by lazydavid
Thu Feb 15, 2018 8:52 am
Forum: Investing - Theory, News & General
Topic: Wisdom of Bitcoin
Replies: 90
Views: 6808

Re: Wisdom of Bitcoin

The details are important here. Obviously, you could remove the graphics cards and re-sell them as slightly-used, slightly out-of-date graphics cards in good condition, and recover some fraction of their original cost. But is that really how they mine Bitcoin nowadays? And does the hardware "simply...
by lazydavid
Thu Feb 15, 2018 6:13 am
Forum: Investing - Theory, News & General
Topic: Wisdom of Bitcoin
Replies: 90
Views: 6808

Re: Wisdom of Bitcoin

And because the mining hardware is, apparently, purpose-built to mine bitcoin only, the large and expensive mining installations can't be repurposed to anything else. A significant proportion of bitcoin mining hardware simply consists of rows upon rows of graphics cards. Those can obviously be repu...
by lazydavid
Tue Feb 13, 2018 11:37 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262342

Re: U.S. stocks in freefall

Looked to see if I had a rebalancing opportunity, but since all but our 401(k)s rebalance automatically, found we were only bond-heavy by about $3k. So I changed the future contributions to be 70% US Stock/30% International stock for a little while until it levels out, then will go back to 49/21/30....
by lazydavid
Tue Feb 13, 2018 6:26 am
Forum: Investing - Theory, News & General
Topic: Day trading for a living/career?
Replies: 95
Views: 6601

Re: Day trading for a living/career?

I’m sure for every day trader who is winning, there is a corresponding loser. Yup, for every buyer there is a seller. I'd guess its worse than this. Since those who are winning will tend to be be trading in larger and larger volumes over time, it seems likely that for every day trader who is winnin...
by lazydavid
Tue Feb 13, 2018 5:59 am
Forum: Personal Consumer Issues
Topic: For BHs who actually like cars - [what car do you drive every day?]
Replies: 261
Views: 14378

Re: For BHs who actually like cars - what is your daily driver?

2017 Mustang GT with a manual transmission. It's my only car, which makes winter lots of fun. A buddy off mine came over one weekend in the middle of winter driving his new mustang gt. Two weekends later he came over with a different "new car". My wife asked., how many new cars he had. He stated th...
by lazydavid
Tue Feb 13, 2018 5:43 am
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 129
Views: 7112

Re: Are Password Managers Really Necessary?

The situation with regard to credit cards may have changed. Some kind of consumer protection became weakened when they went to chipped cards. The protection may only be weakened if you are at a place that doesn't take chips and you have to swipe (like seemingly every pay-at-the-pump gas station in ...
by lazydavid
Tue Feb 13, 2018 5:35 am
Forum: Personal Consumer Issues
Topic: Costco 'Goodyear' wiper blades
Replies: 24
Views: 2224

Re: Costco 'Goodyear' wiper blades

Both the Goodyear brand from Costco and the Peak brand from Sam's Club have been equally unimpressive. They might be made in the same factory. Going back to the Germans. The OE blades for my BMW are pretty expensive ($42/pair with BMWCCA discount), but work excellently and last 3+ years. The wife's ...
by lazydavid
Mon Feb 12, 2018 12:35 pm
Forum: Personal Consumer Issues
Topic: I’m not renewing my Costco membership.
Replies: 80
Views: 7104

Re: I’m not renewing my Costco membership.

We are founding members of "Price Club" that has evolved into Costco for those that did not know. This is not exactly correct. Price Club as an organization didn't beget Costco. After being independent rivals for a decade, they merged in 1993--shortly after Sol Price declined a similar offer to mer...
by lazydavid
Sat Feb 10, 2018 6:30 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262342

Re: U.S. stocks in freefall

He actually touts a buy an hold indexing as a core strategy for a retirement portfolio. his show is about the 5 % of a portfolio invested in '"mad money" that one could afford to lose.With that said I believe study's have shown that his mad money stock picks are generally worse than the proverbial ...
by lazydavid
Fri Feb 09, 2018 9:09 am
Forum: Investing - Theory, News & General
Topic: Blood in the water- buying?
Replies: 117
Views: 15918

Re: Blood in the water- buying?

If I'm off by a significant amount, I will. Thinking more about it though, I might not actually have to after all. Since roughly half of our portfolio is in Wellington/Wellesley, that part has likely rebalanced already, so the remainder may not have shifted enough to warrant a change. I'll find out...
by lazydavid
Fri Feb 09, 2018 6:08 am
Forum: Investing - Theory, News & General
Topic: Blood in the water- buying?
Replies: 117
Views: 15918

Re: Blood in the water- buying?

I have to run some numbers through a spreadsheet, but I suspect I'll be selling some bonds and buying some equity today. 10% should have been enough to shift my AA and merit a rebalance. You would reallocate already? Or would you wait until the end of the month/quarter to see if the volatility sett...
by lazydavid
Fri Feb 09, 2018 5:54 am
Forum: Investing - Theory, News & General
Topic: Blood in the water- buying?
Replies: 117
Views: 15918

Re: Blood in the water- buying?

Not I, and I never will. I don't believe in keeping "dry powder" on hand. I don't believe in it either, but that's not the only way to buy stocks down. I have to run some numbers through a spreadsheet, but I suspect I'll be selling some bonds and buying some equity today. 10% should have been enoug...
by lazydavid
Thu Feb 08, 2018 5:43 am
Forum: Personal Consumer Issues
Topic: What time do you go to work?
Replies: 72
Views: 5175

Re: What time do you go to work?

Typically get to my desk around 6:30, and try to leave between 4 and 4:30 when possible.
by lazydavid
Wed Feb 07, 2018 5:07 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262342

Re: U.S. stocks in freefall

I've been seeing these posts complaining how "not Bogleheady" or "how jittery" everyone is. So I did some math. I started counting posts from January 29th (most recent little blip): Posts where someone stated they were buying: 26 Posts where someone stated they were selling: 0 Posts where someone S...
by lazydavid
Mon Feb 05, 2018 1:12 pm
Forum: Personal Consumer Issues
Topic: For BHs who actually like cars - [what car do you drive every day?]
Replies: 261
Views: 14378

Re: For BHs who actually like cars - [what car do you drive every day?]

My car is a 2012 Chevy Impala LT cloth seats(not a fan of leather seats), sunroof, 3.6L 305hp direct injected v6, speed sensitive steering. The 305 DI, 3.6L will match a BMW 5 series, no problem. Depends on what 5-series you're talking about. The 4-cylinder 530i does indeed put down the exact same ...
by lazydavid
Mon Feb 05, 2018 11:32 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262342

Re: U.S. stocks in freefall

My comment was percent-based so it would be applicable to anyone. The percent of value you lose driving a new luxury European car off a lot is so great, it takes the fall of 87' to match it. But if you want to indirectly tell the forum how much money you have, that's your business. Your post was no...
by lazydavid
Mon Feb 05, 2018 10:37 am
Forum: Personal Consumer Issues
Topic: For BHs who actually like cars - [what car do you drive every day?]
Replies: 261
Views: 14378

Re: For BHs who actually like cars - what is your daily driver?

For the last 4+ years, off-lease 2011 BMW 335d For day-to-day real-world driving under mixed conditions, nothing I've tested has been as fun. Summer tires all year 'round :D. I need 4 seats. But I can't really recommend it owing to reliability issues. Love my 2011 335d, chipped up to 500+ lbft of t...
by lazydavid
Mon Feb 05, 2018 10:02 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262342

Re: U.S. stocks in freefall

Brutal; market hasn’t been this low since January 10th, 2018. How are you guys breaking the news to loved ones? With grilled hamburgers and a nice bottle of Pinot Grigio. :beer IMO Pinot's a little too delicate for hamburgers, I'd suggest at least a Malbec. We did our burgers with a nice Winter Ale...
by lazydavid
Mon Feb 05, 2018 9:53 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262342

Re: U.S. stocks in freefall

On a day like this, some people will see their portfolio lose in value similar to the cost of a luxury European car. The only one day market loss in history that could have the chance of matching or exceeding what you would lose driving a new European luxury car off of a dealer lot would be the one...
by lazydavid
Sat Feb 03, 2018 6:24 am
Forum: Personal Consumer Issues
Topic: Buying This Week: IPhone X or IPhone 8 Plus
Replies: 35
Views: 3007

Re: Buying This Week: IPhone X or IPhone 8 Plus

My wife and I have been considering moving to T-Mobile to take advantage of their over 55 plan. One concern that we have is how well T-Mobile's coverage is in rural areas. We frequently use Google Maps on our phones for navigation while driving and we plan to begin taking more trips following our 2...
by lazydavid
Fri Feb 02, 2018 2:01 pm
Forum: Personal Consumer Issues
Topic: shall I buy Toyota prepaid maintenance service for 2018 Camry
Replies: 37
Views: 3086

Re: shall I buy Toyota prepaid maintenance service for 2018 Camry

No, of course it does not include tires, brakes, shocks, or anything of subsistence in that service interval. All those are considered wear and tear items not covered by any warranty or maintenance plan. (unless your shock begins leaking... then that's another story) "any" is a strong word. While i...
by lazydavid
Fri Feb 02, 2018 1:18 pm
Forum: Investing - Theory, News & General
Topic: 401k millionaires
Replies: 158
Views: 23657

Re: 401k millionaires

Backdoor Roth is a specific concept. You use a couple of steps to get a very similar effect to a direct contribution. What you describe is not that. Not to mention that you said, "just adds a couple steps". It doesn't, it adds taxes, and any sizeable rollover will mean a lot of taxes. Effectively, ...
by lazydavid
Thu Feb 01, 2018 9:26 am
Forum: Personal Consumer Issues
Topic: "I Volunteered for the Hospital Board and was Sued for Millions."
Replies: 44
Views: 10319

Re: "I Volunteered for the Hospital Board and was Sued for Millions."

Thanks for posting this! Very sorry to hear about your situation, but it prompted me to check with the athletic association where I'm a board member. They have both D&O insurance and a separate indemnification clause in the bylaws covering actions taken by board members unless 2/3 of the executive b...
by lazydavid
Thu Feb 01, 2018 8:56 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity index with less than 2500 minimum?
Replies: 13
Views: 1426

Re: Fidelity index with less than 2500 minimum?

Just a thought but what about considering Schwab? Low expenses and funds with minimum of $100 You left out the decimal point. All of their equity index mutual funds have a minimum purchase of $1.00. Bond funds do appear to be $100, but not equity. Yes for additional contributions but to start you n...
by lazydavid
Thu Feb 01, 2018 8:49 am
Forum: Personal Consumer Issues
Topic: Wireless Earbuds For Running (Updates for 2018?)
Replies: 36
Views: 2123

Re: Wireless Earbuds For Running (Updates for 2018?)

dougger5 wrote:
Wed Jan 31, 2018 4:41 pm
They do seem to tick most of the boxes. You find them comfortable/unobtrusive then?
Yes. My sunglasses fit more loosely because they can't sit directly on top of my ear, but that's the only downside I can think of.
by lazydavid
Wed Jan 31, 2018 2:13 pm
Forum: Personal Consumer Issues
Topic: New car - how much can we afford?
Replies: 78
Views: 5553

Re: New car - how much can we afford?

A Toyota Sequoia is a lot of car for the money and super-reliable and holds its value. If it's not overly large, I would check it out. Second choice, smaller and also very reliable, is a Nissan Murano. Good lord, a couple expecting a newborn merits a 6,000 lb beast that seats 8 adults and gets 13mp...
by lazydavid
Wed Jan 31, 2018 1:47 pm
Forum: Personal Consumer Issues
Topic: Wireless Earbuds For Running (Updates for 2018?)
Replies: 36
Views: 2123

Re: Wireless Earbuds For Running (Updates for 2018?)

If being aware of your surroundings is an important consideration (and it sounds like it is), you really can't beat bone-conducting headphones. I have an older version of these AfterShokz that I wear when I ride my bike. Voice quality for spoken word is excellent, music is just so-so (allegedly they...
by lazydavid
Wed Jan 31, 2018 11:23 am
Forum: Investing - Theory, News & General
Topic: 401k millionaires
Replies: 158
Views: 23657

Re: 401k millionaires

Ged wrote:
Wed Jan 31, 2018 9:21 am
The only potential downside to transferring a 401k to an IRA is that in some states it doesn't have protection from creditors.
It also eliminates the option to contribute to a backdoor Roth IRA.
by lazydavid
Wed Jan 31, 2018 11:18 am
Forum: Investing - Theory, News & General
Topic: Starting to feel like the late 1990s?
Replies: 145
Views: 12645

Re: Starting to feel like the late 1990s?

This is proof that is the late 1990s again :) https://www.bloomberg.com/news/articles/2018-01-30/softbank-invests-300-million-into-dog-walking-startup-wag Son is a very successful investor, but really ... Good lord.... "we want $100 million to deliver pet services via the internet". "I'll give you ...
by lazydavid
Wed Jan 31, 2018 6:29 am
Forum: Investing - Theory, News & General
Topic: 401k millionaires
Replies: 158
Views: 23657

Re: 401k millionaires

The latest sign of investor euphoria: Sharing your 401(k) balance has become a thing https://www.marketwatch.com/story/people-are-bragging-about-becoming-401k-millionaires----and-posting-their-balances-to-social-media-2018-01-29 Seems to have been a thing here on Bogleheads for over a decade... I t...
by lazydavid
Mon Jan 29, 2018 6:26 am
Forum: Investing - Theory, News & General
Topic: If you're really rich you're probably not an index-fundi Boglehead
Replies: 61
Views: 10910

Re: If you're really rich you're probably not an index-fundi Boglehead

MJS wrote:
Sun Jan 28, 2018 3:39 am
According to the chart, someone with $10k has a ~$3500 "primary residence." I assume this is a tree house in their parent's backyard.
A $100k primary residence on an FHA loan (3% minimum) would satisfy this scenario.
by lazydavid
Mon Jan 29, 2018 6:19 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity index with less than 2500 minimum?
Replies: 13
Views: 1426

Re: Fidelity index with less than 2500 minimum?

Generator515 wrote:
Sun Jan 28, 2018 8:26 pm
Just a thought but what about considering Schwab? Low expenses and funds with minimum of $100
You left out the decimal point. All of their equity index mutual funds have a minimum purchase of $1.00. Bond funds do appear to be $100, but not equity.
by lazydavid
Sat Jan 27, 2018 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Take loan off net worth?
Replies: 17
Views: 1095

Re: Take loan off net worth?

So I have a Harley Davidson financed through a local CU. I have absolutely no plans on ever tossing the bike. None of us ever do, that's why they're called accidents. :P Oh you mean you don't intend to sell it. The loan is a liability--it must be paid--so it is part of your net worth. And the bike ...
by lazydavid
Sat Jan 27, 2018 7:21 am
Forum: Personal Consumer Issues
Topic: Automatic Two-Way File Syncing Software
Replies: 10
Views: 715

Re: Automatic Two-Way File Syncing Software

Robocopy is great for one-way syncing. Two-way, not so much unless you never delete files, and never edit the same file in both locations between syncs. In the past I've used SyncToy, which seemed to work. Most cloud storage platforms do n-way syncing. Make a change on any one computer, and it immed...
by lazydavid
Sat Jan 27, 2018 7:18 am
Forum: Personal Consumer Issues
Topic: Buying This Week: IPhone X or IPhone 8 Plus
Replies: 35
Views: 3007

Re: Buying This Week: IPhone X or IPhone 8 Plus

ERISA Stone wrote:
Fri Jan 26, 2018 12:18 am
I've had the 6s Plus and the 7s Plus, and now I have the X.
There's no such thing as a 7s. They released the 8 instead.